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Wednesday 14 August, 2019

Lloyds Of London

Lloyd's syndicates' 2017 and 2018 YOA projections

RNS Number : 9035I
Lloyds Of London
14 August 2019
 

14 August 2019

 

Lloyd's syndicates' 2017 and 2018 year of account projections

 

The 2017 and 2018 forecasts below at syndicate level are all stated before the deduction of members' agent fees, as in previous releases.  For the 2017 and 2018 years of account the total members' agents fees for the market were £24m and £20m respectively.  The forecasts of wholly aligned syndicates are aggregated together at the end of the table.

 

 

 

Syndicate Capacity 2017
Year of Account
(£000s)

Syndicate Capacity 2018
Year of Account
(£000s)

Estimated
Result
2017 YOA
(% on capacity)
(Worst Case)

Estimated
Result 2017 YOA
(% on capacity)
(Best Case)


Estimated Result
2018 YOA
(% on capacity)
(Worst Case)


Estimated Result 2018 YOA
(% on capacity)
(Best Case)

0033

Hiscox Syndicates Limited

1,147,315

1,598,258

(7.50)

2.50

(10.01)

0.00

0218

ERS Syndicate Management Limited

478,865

479,598

(0.10)

9.90

(5.00)

5.00

0308

Tokio Marine Kiln Syndicates Limited

30,887

0

(53.60)

(48.60)

0.00

0.00

0318

Cincinnati Global Underwriting Agency Limited

234,774

234,140

(35.16)

(30.16)

(16.75)

(11.75)

0386

QBE Underwriting Limited

316,636

316,602

11.97

16.97

6.48

11.48

0510

Tokio Marine Kiln Syndicates Limited

1,130,535

1,135,651

(10.91)

(5.91)

(5.12)

(0.12)

0557

Tokio Marine Kiln Syndicates Limited

34,060

34,630

(26.75)

(21.75)

(4.97)

0.03

0609

Atrium Underwriters Limited

419,238

449,436

(2.50)

2.50

(2.50)

7.50

0623

Beazley Furlonge Limited

304,482

350,915

(10.00)

10.00

(10.00)

10.00

0727

S.A. Meacock & Company Limited

80,635

80,485

(2.00)

8.00

(7.00)

8.00

1176

Chaucer Syndicates Limited

37,480

46,500

46.50

56.50

15.00

35.00

1200

Argo Managing Agency Limited

445,526

450,000

(19.19)

(9.09)

(7.00)

3.00

1492

Capita Managing Agency Limited

90,466

104,000

(27.09)

(21.09)

8.49

13.49

1729

Asta Managing Agency Limited

99,904

131,808

(20.00)

(5.00)

(12.50)

2.50

1884

Charles Taylor Managing Agency Limited

99,985

99,985

(57.51)

(42.51)

(55.01)

(35.01)

1910

Argo Managing Agency Limited

0

253,165

0.00

0.00

(9.10)

0.90

1969

Apollo Syndicate Management Limited

209,123

224,516

(30.00)

(25.00)

(8.00)

2.00

1991

Coverys Managing Agency Limited

126,750

126,750

(5.00)

5.00

(2.71)

7.29

2010

Cathedral Underwriting Limited

304,584

305,954

(25.00)

(20.00)

(16.75)

(6.75)

2014

Pembroke Managing Agency Limited

136,918

149,964

(14.83)

(9.83)

(12.89)

(2.88)

2121

Argenta Syndicate Management Limited

298,103

340,000

(5.00)

2.50

(8.50)

1.50

2525

Asta Managing Agency Limited

 

47,990

64,365

0.00

10.00

(5.00)

10.00

2689

Asta Managing Agency Limited

49,956

98,320

(40.00)

(30.50)

(17.00)

(7.00)

2791

Managing Agency Partners Limited

396,814

399,453

(3.50)

1.50

(7.50)

0.00

2988

Brit Syndicates Limited

54,963

98,430

(53.71)

(48.70)

(22.25)

(17.24)

3268

Asta Managing Agency Limited

0

86,500

0.00

0.00

(20.00)

(10.00)

3330

Coverys Managing Agency Limited

0

3,000

0.00

0.00

(144.77)

(134.77)

4242

Asta Managing Agency Limited

100,000

110,000

(57.00)

(47.00)

(42.64)

(32.64)

4444

Canopius Managing Agents Limited

974,847

1,048,071

(17.46)

(12.46)

(3.69)

0.96

5623

Beazley Furlonge Limited

0

22,500

0.00

0.00

(3.00)

7.00

5886

Asta Managing Agency Limited

149,904

179,796

(27.50)

(22.50)

(10.00)

0.00

6103

Managing Agency Partners Limited

15,705

47,696

(10.00)

0.00

(7.50)

2.50

6104

Hiscox Syndicates Limited

54,490

55,847

(40.00)

(30.00)

(70.00)

(60.00)

6107

Beazley Furlonge Limited

 

46,585

55,089

(35.00)

(15.00)

(25.01)

5.00

6111

Catlin Underwriting Agencies Limited

 

23,919

22,186

(33.43)

(23.43)

(10.67)

(0.67)

6117

Argo Managing Agency Limited

 

106,818

96,096

(31.94)

(21.94)

(14.60)

(4.59)

6123

Asta Managing Agency Limited

15,000

20,000

(65.89)

(55.89)

(44.96)

(34.96)

6133

Apollo Syndicate Management Limited

0

35,000

0.00

0.00

(40.00)

(20.00)

 

Aggregate of non-third party syndicates

22,232,587

22,935,464

(11.98)

(6.98)

(6.94)

(1.94)

 

For further information, please contact:

 

Nathan Hambrook-Skinner

Tel: +44 (0)20 7327 6125  Email:  [email protected]

 


About Lloyd's

Lloyd’s is the world’s leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world.

 

The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally.

 

It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale.

 

And it promises a trusted, enduring partnership built on the confidence that Lloyd’s protects what matters most: helping people, businesses and communities to recover in times of need.

 

Lloyd’s began with a few courageous entrepreneurs in a coffeeshop. Three centuries later, the Lloyd’s market continues that proud tradition, sharing risk in order to protect, build resilience and inspire courage everywhere.


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